ERIC Number: EJ436172
Record Type: Journal
Publication Date: 1991
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: ISSN-0147-877X
EISSN: N/A
The Percentage Rent Clause: Suggested Contract Language for Leased Auxiliary Operations.
Rose, Edward M.; Gale, Richard N.
Business Officer, v25 n6 p35-38 Dec 1991
A college or university thinking of leasing out facilities for an auxiliary activity on campus should consider including a percentage rent provision in the contract, to benefit from increased sales. Issues to consider include definitions and reporting of gross sales, audits of reported sales, and auditing procedures and reporting. (MSE)
Descriptors: College Administration, College Buildings, Contracts, Economic Change, Higher Education, Legal Problems, Mathematical Formulas, Real Estate, School Accounting
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: Administrators; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
